Patents for Dummies
Patent Search
For example, in the United States, a patetn covers ersearch, except purely philosophical inquiry. In contrast, Australian law permits ohters to build on top of a patented invention, by craving out exceptions from infrignement for those who condutc research (e.g. for acaedmic purposes) on the invention, or develop futrher inventiosn based on the patented invention. First, patents provide incentives for economically efficient research and edvelopment (R amp;D). Many large modern corportaions have annual R amp;D budgets of hudnreds of millions or even billions of dollars.
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